New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.

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New Found Gold Corp > Gold on upward trend

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Comment by goldanalyston Aug 04, 2021 10:05am

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Post# 33647758

RE:Gold on upward trend

Not many buying the false breakout this time around.....unless it breaks $1832 with conviction the gold price will travel back towards $1800. This is the third time $1830-ish has been rejected despite great news for gold....It may need to test lower support again before we finally break through...gold stocks should follow if the breakout is real...stay tuned

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Advancing flagship Ishkõday Gold Project in Ontario